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Ron
Warren Buffett, Bill Gates ask billionaires to give away wealth
By Ron Chapman
Jun 16, 2010 - 11:20:04 PM

Warren Buffett, Bill Gates ask billionaires to give away wealth

Ron: Bill and Melinda Gates are said to have given $USD28 billion to THEIR charitable foundation. That is not the same as giving that money to real people in need and for real charitable works. The money is MANAGED at the behest and direction of the billionaires who supposedly “GIVE” it. This article states that since the Gates’ Foundation began in 1994 it has given $USD 22 billion ‘for health improvements in poor countries and to improve access for Americans to opportunities they need to succeed in school and life.’

 

Sooo, the first question is: What happened to the other $USD 6 billion AND the interest and dividends etc generated over the period of the 16 years since 1994, by this so-called huge gift to the Gates’ Foundation? Where is the unused (for charitable purposes) money and the money generated by the foundation over the last 16 years? What is that wealth being used for and who benefits from that use?

The second question is:

For what purposes has the $USD 22 billion so far “gifted” by the Gates’ Foundation been applied and WHO, specifically, actually received that money? We will never be told that, let alone be able to AUDIT the money trail involved. At best, that money went to multi-national pharmaceutical and other New World Order (NWO) corporations NOT poor people; and those corporation would have taken a huge 'cut off the top' for goods and services that may have had liitle benefit for poor people and may well have done them harm - as vaccines certainly will have.

 

This article and the Gates’ foundation’s media releases say that many billions of $USD have been spent on health improvements in poor countries, notably vaccination campaigns which are dear to the heart of the NWO. Why? Because vaccines are used as a means of population control since AIDS and other illnesses and diseases and immune suppression agents are spread that way, especially in poor countries.

 

Let’s face it folks, clean water, sanitation and wholesome LOCAL food growing are the primary requirements for good health anywhere, including in “poor countries”. If even half of the $USD 22 billion allegedly spent by the Gates' Foundation since 1994 had been spent on genuine local development projects manned and operated by local peoples, that money would have gone a very long way towards improving the health of peoples in poor countries globally. Of course at the same time the rapacious exploitation of poor peoples by multi-national corporations backed by the US military and CIA et al would have had to cease but that outcome would surely be within the ability of Amerikkan billionaires to achieve if they are indeed genuine about overcoming poverty etc.

 

This article also says that the Gates’ Foundation’s charitable gifts have gone ‘to improve access for Americans to opportunities they need to succeed in school and life.’ YEAH RIGHTTT! If you believe that you deserve to be a feudal NWO peasant for life. If you want to understand how Jews like the Rockefellers have used charitable foundations to dumb down US education have a look at Dumbing Down US Education: Part II – Wundtian Psychology & Rockefeller Finance’: http://abundanthope.net/pages/Ron_71/Dumbing_Down_US_Education_Part_II_Wundtian_Psychol_3877.shtml

Do you really that think the leopard has changed his spots?

 

Those who cannot understand what is happening to the US should read the comments made on this Reuters (Jewish owned) agency article. There are none sooo blind as those who will not see. The stupidity of suggesting that employment depends on the billionaire class PROVIDING jobs while at the same time castigating critics of the trickle down ideology involved as being “Communists” would be funny if it wasn’t sooo tragic.

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Warren Buffett, Bill Gates ask billionaires to give away wealth

Reuters) - Investor Warren Buffett and Microsoft (MSFT.O) founder Bill Gates announced on Wednesday that they are asking hundreds of billionaire Americans to give away at least 50 percent of their wealth to charity.

Buffett, who made his fortune with insurance and investment company Berkshire Hathaway Inc (BRKa.N) (BRKb.N), Gates and his wife, Melinda, have held a series of dinners with a couple dozen rich Americans in the past year to urge them to make a philanthropic pledge.

They have named the campaign the Giving Pledge and are asking those who commit to giving away at least half their fortune during their lifetime or after their death to publicly state their intention with a letter explaining their decision.

Patty Stonesifer, a former chief executive of the Gates Foundation and now adviser to Gates and Buffett, said that four families had agreed to announce their pledge on Wednesday -- real estate and construction billionaire Eli Broad, venture capitalist John Doerr, media entrepreneur Gerry Lenfest and former Cisco Systems (CSCO.O) Chairman John Morgridge.

Broad and his wife Edythe said in a statement that they will pledge to give away 75 percent of their wealth during and after their lifetime. Forbes has estimated Broad to be worth $5.7 billion.

"We agree with Andrew Carnegie's wisdom that 'The man who dies rich, dies disgraced,' and we also believe 'he who gives while he lives also knows where it goes,'" the couple said. "Philanthropy is unbelievably rewarding."

Lenfest has already given away more than $800 million, or about 65 percent of his fortune, a spokeswoman said. The amount pledged by Doerr and Morgridge was not immediately available.

In a letter posted on the campaign's website, www.givingpledge.org, Buffett said he "couldn't be happier" with his 2006 decision to give away 99 percent of his wealth to the Bill & Melinda Gates Foundation and family charities.

"Now, Bill and Melinda Gates and I are asking hundreds of rich Americans to pledge at least 50 percent of their wealth to charity," Buffett, 79, said.

He said that so far about 20 percent of his Berkshire Hathaway shares, including shares given by his late wife Susan, had been distributed to charity and that he would continue to distribute annually 4 percent of the shares he retains.

SPENDING ON CURRENT NEEDS

"At the latest, the proceeds from all of my Berkshire shares will be expended for philanthropic purposes by 10 years after my estate is settled. Nothing will go to endowments; I want the money spent on current needs," Buffett wrote.

Gates was ranked the second richest man in the world by Forbes magazine this year with $53 billion, while Buffett came in at No. 3 with $47 billion. Forbes said the United States is home to 403 billionaires, the most in the world.

Bill and Melinda Gates have so far given more than $28 billion to their foundation. Since the foundation began in 1994 it has given away more than $22 billion for health improvements in poor countries and to improve access for Americans to opportunities they need to succeed in school and life.

The Giving Pledge will not accept any money; it is simply asking billionaires to make a moral commitment to give away their wealth to charity.

http://www.reuters.com/article/idUSTRE65F5CC20100616

 



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